Asheron Posted August 11, 2012 Share Posted August 11, 2012 But gold has risen with only slightly more than 1% of the world’s assets in gold. Right now the world’s assets are about $150 trillion. Of that number, $60 trillion is in cash, $40 trillion is in bonds, and $40 trillion is in stocks. But, remarkably, only $2 trillion or just a bit over 1% is in gold. With inflation headed higher, institutions, which have virtually no allocation to gold today, they will have to increase their allocation to gold. There have been several studies over the last few months that have suggested that institutions will need to put part of their funds in gold. If you look at world financial assets, a 1% increase in allocation to gold of the world’s financial assets would require 12 years of gold production at today’s prices. There simply isn’t the gold available at today’s prices to facilitate even a small move by institutional money into the sector. Of course they can never get a sizable commitment into gold at these prices. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/8/10_Greyerz_-_We_Are_Headed_Right_Into_A_Global_Financial_Crash.html Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted August 11, 2012 Share Posted August 11, 2012 169 words and 10 of them are gold. Has your forum section compass broken? Quote Link to comment Share on other sites More sharing options...
houses-do-my-head-in Posted September 25, 2012 Share Posted September 25, 2012 169 words and 10 of them are gold. Has your forum section compass broken? did you actually count them?lol Quote Link to comment Share on other sites More sharing options...
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